Those who criticize individuals who choose to drive a relatively inefficient sport utility vehicle (SUV) might mistakenly
A) assume everyone faces the same relative prices.
B) assume everyone has the same preference set.
C) assume everyone has the same budget constraint.
D) All of the above.
D
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Demand deposits are included as part of:
a) only M1. b) only M2. c) neither M1 nor M2. d) M1 and M2.
As a result of international trade,
a. the gain to producers in the importing country exceeds the loss to consumers in the importing country b. the loss to producers in the importing country is less than the gain to consumers in the importing country caused by a decrease in price c. the loss to producers in the importing country exceeds the gain to consumers in the importing country caused by an increase in price d. the loss to producers in the importing country is equal to the gain to consumers in the importing country because price increases and equilibrium quantity decreases e. the loss to producers in the importing country is equal to the gain to consumers in the importing country because price decreases and equilibrium quantity increases